Why did the price of Honglin Shangpin fall?

The decline in the price of Honglin Shangpin is due to the macroeconomic environment, the relationship between supply and demand and external factors, as follows:

1. Macroeconomic environment impact: At present, China's overall property market is in a period of regulation, and the government's regulation of the real estate market is constantly strengthening, which may lead to a decline in house prices.

2. Relationship between supply and demand: If the supply of houses in Honglin Shangpin Project exceeds demand, the house price will naturally be affected and fall.

3. External factors: epidemic situation, natural disasters and other factors may have an impact on the property market, leading to a decline in house prices.